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A cheque that is payable to whoever presents it is known as______

A cheque that is payable to whoever presents it is known as______
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Order cheque
  • B Open cheque
  • C Crossed cheque
  • D Bearer cheque
Correct Answer: Option D
Explanation:
Bearer cheque is payable to the bearer i.e whoever presents it. It is cashed over the counter without having to be endorsed by the person presenting it.

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